Dislikedso even though according to the survey +60% get closed it does not mean that +60% of gap trades would be winners.....
not saying you shouldn't trade them that is upto you, but I am saying that not all gaps gets closed.Ignored
That said, the strong news create speculative spikes since trading models use these opportunities to scalp in the news direction
Considering the current fundamental euro weakness the closure of this gap is a nice short entry, but only when it closes. I will be shorting ~20 pips below just to get in - the closure might be very short-lived
"Luxury is one of the basic needs", (c), Don Corleone